Analysis | In The News

Egypt Looks to Asia for Suez Port Investment

March 22, 2017Photo by Mr. Theklan, Flickr/ CC BY-SA 2.0

Egypt is fielding offers from several Asian companies, including Singapore's PSA and COSCO Shipping Ports, for plans to construct a new cargo terminal at Port Said on the Mediterranean end of the Suez Canal. The 2,000 square meter terminal is projected to cost $330.7 million.